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The fact that the UK punches well above its weight in AI should be a source of national pride. After all, this country is home to the largest number of AI companies after America and China, and £6.21 billion was invested in UK technology last year.

Our rich history in AI builds on the work of computing pioneers such Ada Lovelace, publisher of the first algorithm; Charles Babbage, originator of the digital programmable computer; and Alan Turing who helped crack the Enigma code.

We are fortunate to house some of the world’s finest academic institutions; the talent pool from Cambridge, Oxford and Imperial is exceptional. The UK marries these skills with an increasingly strong network of angels and...